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IN SB0171
Bill
AI Summary
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Municipalities may not annex territory during a calendar year with total gross assessed value exceeding 15% of the annexing municipality's total gross assessed value.
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The 15% limitation applies only to annexation ordinances adopted after June 30, 2018, and uses the assessment date from the calendar year preceding the annexation ordinance adoption.
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All annexation ordinances adopted by a municipality during a calendar year are void if the combined territory exceeds the 15% threshold.
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Annexation ordinances must include the total gross assessed value of the annexing municipality and territory to be annexed for assessment dates in the prior calendar year.
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Court proceedings may not order a proposed annexation if it violates the 15% limitation under the new section 3.6 of Indiana Code.
Legislative Description
Annexation limits. Provides that a municipality may not annex territory during a calendar year that has a total gross assessed value of more than 15% of the total gross assessed value of the annexing municipality.
Last Action
First reading: referred to Committee on Government and Regulatory Reform
2/12/2018